De Wolden city plans loan for FTTH project

Tuesday 21 June 2016 | 11:04 CET | News
The Dutch city of De Wolden has proposed providing a loan of EUR 1.95 million to the local FTTH project. The still-to-be-set-up network company would receive the loan to support its roll-out, and the city would take a 40 percent stake in the company for EUR 1.5 million. In late May the Glasvezel De Wolden project secured enough support from local residents interested in services to start a pilot project. It estimates EUR 16 million will be needed to cover the entire municipality with FTTH, of which around EUR 3.5 million is expected from the city. The remaining financing will come from the

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Categories: Fixed
Countries: Netherlands
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